13 Church Street, Stirling-Rawdon, ON K0K 3E0

$799,900
7
BD
4
BA
3,500
SqFt

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List Price
$799,900
MLS#
X13791976
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
7
Bathrooms
4
Living Area
3500-5000
Province
ON
Municipality
Stirling-Rawdon
Area
Hastings
Neighborhood
Stirling Ward
Subdivision
Church St / Hwy 14 (North St)

Property Description

A standout 4-plex opportunity for investors, multi-generational buyers, or those looking to live in one unit while building equity through the others. This handsome red-brick building has been carefully maintained and continually improved by an owner who has tackled project after project. The four units include three 2-bedrooms and one 1-bedroom, with significant improvements completed throughout the building, including two recent top-to-bottom renovations. Importantly, the improvements go well beyond cosmetic updates, with mechanical systems and major components also upgraded along the way. The result is a property that looks the part today. Unit A is currently owner occupied and retains the building's original charm with tall ceilings and classic mouldings, plus a full-height basement, multi-tier deck, and outdoor kitchen. Keep it as your home and let the other three units help carry the expenses, or set a new rent when it becomes vacant. For the investor, each unit has its own exterior entrance and is separately metered for heat and hydro. Newer furnaces and vinyl windows help keep operating costs manageable, while the basement can be separated from Unit A and accessed from outside for easy maintenance. The 28' x 20' detached garage with 60-amp hydro offers another avenue to grow the income. Large enough to divide into multiple secure storage spaces, it could generate additional rental income by offering dedicated storage to tenants or renting spaces separately. Ample parking and a newly paved driveway complete the package. The location is a strong draw for tenants, with downtown Stirling, parks, the Community Centre, grocery, laundromat, and everyday amenities all within walking distance. For commuters, the 401 is approximately 15 minutes away with easy access to Trenton and Belleville, while Highway 7 is also 15 minutes away.

Additional Information

Taxes
$5,995
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Window Unit(s)
Kitchens
4
Exterior
Brick
Garage Spaces
2
Garage Type
Detached
Pool
None
Parking Spaces
10
Parking Type
Reserved/Assigned, Private

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Calculator source: Real Geeks

Listing courtesy of Royal Lepage Proalliance Realty.